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Indonesia May Ship 5,000 Tonnes of Tin
Dec. 15, 2011 03:35PM PST
Tin InvestingReuters reported the Indonesian tin industry is considering shipping up to 5,000 tonnes of tin this December.
Reuters reported the Indonesian tin industry is considering shipping up to 5,000 tonnes of tin this December.
As quoted in the market news:
Smelters in Indonesia’s main tin-producing region of Bangka island stopped tin ingot shipments from Oct. 1 in a bid to prop up global prices.
But the export ban faltered this month, despite a sharp fall in November shipments, after October data showed a surprise month-on-month rise.
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